Should the tax cuts be extended?

[RC]

5. That $250,000 cut off is way too high,

$100,000 is more realistic. Median household income for 2006-2010 is only $51,914. That is per household, not individual. That median income of $51,914 is for 2.59 people. Or a little less than $26,000 a year per two people in a household.
So where does that $250,000 cutoff come from? $250,000 is in the 5%ter range.

Persons per household definition and source info Persons per household, 2006-2010 2.59
definition and source info Per capita money income in past 12 months (2010 dollars) 2006-2010 $27,334
definition and source info Median household income 2006-2010 $51,914
Persons below poverty level, percent definition and source info Persons below poverty level, percent, 2006-2010 13.8%
http://quickfacts.census.gov/qfd/states/00000.html